Question 11 2 pts Famous Agnes\' Cookies produces cookies for resale at grocery

Question

Question 11 2 pts Famous Agnes' Cookies produces cookies for resale at grocery stores in Florida. In Agnes' master budget, figures indicate that the company expects to use 2.5 pounds of direct materials or each unit produced at a cost o $5.00 per pound one unit one batch of ro s Each unit produced will require 03 direct br our ata t S 2 per hour. Variable manufacturing overhead is applied based on direct labor hours at a rate of $2.40 per hour. Last year's sales were expected to total 40,000 units. Agnes just received last year's actual results showing sales of 35,000 units. What is the standard cost per unit for direct materials? O $12.50 $5.00 $2.00 $0.50

Explanation / Answer

Standard cost per unit of direct materials = 2.5*5 = 12.50 Option 1 is correct

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